EEX: Open Interest Reaches Record Level - Clear Sign Of Market Participants’ Confidence In EEX

On 13 April 2006 the open interest at the European Energy Exchange (EEX) reached 207 TWh and, hence, exceeded the level of 200 TWh for the first time ever. This corresponds to an increase of 54 per cent since the beginning of the year. A financial volume of more than EUR 12.1 billion is behind this impressive mark of confidence in EEX. The open interest in the Derivatives Market for emission al-lowances also contributes to this value.

The open interest is the sum of the currently open positions of the trading participants on the Derivatives Market, which are recorded as either long or as short positions.